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Pastimes : Blue Cheap Stock TRADING

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To: BlueCheap who wrote (1036)9/1/1998 11:36:00 AM
From: Tomato Man   of 1078
 
Malcolm, just had a long talk with my senior sales manager. Spent 20 plus years on Wall Street. He said that we are in for more hurt this week. Yesterday was the big boys selling. That is the first wave. He said the second wave will be the small guys selling to make margin calls. They have three days to come up with the cash, so he is looking at Thursday to Tuesday (Monday is holiday) for the rest of the pain. Thought you would be interested.

Also, news is out on MSN.

Tomato Man
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